PayPal Casinos

Introduction to PayPal

The history of PayPal started in 1998 when Max Levchin and Peter Theil founded the company Confinity. It started as a way to send money in 1999, and in 2002, it went public for the first time. It rose to prominence after eBay acquired PayPal for $1.5 billion in 2002. After this big change, PayPal started to grow around the world, and many online stores started to accept it. eBay decided to end its 16-year relationship with PayPal and switch to the Dutch startup Adyen as its main payment processor. PayPal was separated from eBay in 2015. That has not prevented PayPal from expanding. Today, it’s one of the most accepted payment options, even in the online gambling industry.

PayPal’s Policy Towards Canadian Gambling Sites

The present status of PayPal and Canadian gambling sites has been on hold for some time. Once upon a time, Canadians could easily make online casino PayPal payments and gamble. At the time, there was controversy surrounding internet gambling in the United States, so PayPal immediately withdrew from the industry. As the number of people who gamble online has grown, so has the number of payment methods. PayPal is one of the most common payment options for many individuals. Unfortunately for Canadians, PayPal deposits are not accepted at gambling sites. Regulations have not yet kept pace with the rapid development of internet gambling. However, PayPal is returning to the online gambling sector. So it is possible that Canadian gamers will soon be able to gamble at PayPal sites. Since it’s already popular in the United States, there’s a good chance that the payment option will be accepted in Canada as well.

PayPal & Online Casinos: Forecast for the Near Future

It is highly possible that Canadians will soon be able to play online casinos with PayPal. Some sites already accept PayPal deposits in New Jersey, so they will undoubtedly allow Canadians to choose PayPal when the payment method is functional in the country. PayPal has convoluted rules regarding gambling sites, but things are not as bizarre as they may be. The provider has relaxed its gambling policies in the United States and the United Kingdom, allowing users to deposit and withdraw real money.

Best Online Casino PayPal Alternative List

Canadians looking for an online casino that accepts PayPal will be disappointed. That’s because, as of the moment, there aren’t any Canadian casinos accepting PayPal. The fact that there isn’t a site that uses PayPal should not discourage you from online gambling. Instead, opt for other payment options available on these platforms. Here are alternative payment methods to use at gambling sites in Canada.

PayPal Casino Deposit and Winnings Withdrawal

If PayPal casinos online become available to Canadians, using the e-wallet to make deposits will be a breeze. You would visit one of the best PayPal casino sites, choose it as your preferred payment option, and specify the deposit amount. After a successful deposit, you can claim a PayPal casino bonus and play games for real money. Making a casino PayPal withdrawal will be easy. To withdraw your casino winnings, all you need to do is input the desired withdrawal amount and click a few buttons. Withdrawn funds can appear in your PayPal account immediately, or processing may take a few days.

How to Make Casino PayPal Deposit: Step-by-Step Guidance for the Future

Although there aren’t yet any PayPal-accepted casinos, check out the steps you can use to fund your account when these sites become available:

1. Log into the gambling site to play online casino with PayPal using an internet-enabled device.
2. Navigate to the cashier section and choose the deposit option.
3. Choose PayPal as your preferred payment option.
4. Fill in the amount you want to deposit.
5. You’ll be redirected to the e-wallet’s site. Enter your log in details.
6. Authorize the transaction following the on-screen instructions.

Note that these steps to playing at casinos with PayPal deposit are still hypothetical. As of the moment, PayPal is not accepted in Canada, so you can’t use it to gamble online. However, once that changes, you’ll already know how to use it at gambling sites.

Few Words About Problem Gambling

Gambling is an exciting activity, as it offers you a chance to play thrilling games and win real cash. However, players can easily get addicted to the act if they don’t keep their gaming habits under control. The effects of addiction are devastating and include depression, loss of jobs, and suicidal thoughts. That is why gambling sites have resources you can use to check your gaming habits. They let you set deposit and loss limits, reality checkers, and even self-exclude. Even if these resources are not available, make sure to set a budget and stick to it. However, if you need more professional help, you can reach out to a Responsible Gambling Council.

Conclusion

Many players can’t wait for the day when Canadians will be able to play casino games with PayPal. With the electronic wallet, players will be able to enjoy fast and easy deposits. Likewise, withdrawing your funds will be a breeze. However, when choosing these sites, you have to ensure that they are licensed by bodies like the Malta Gaming Authority. Also, be sure that they have enough games to keep you entertained. These titles should also be verified by eCOGRA to ensure they offer you a fair chance of winning.